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Gold maintaining its upward rally and 'looking likely to continue'

Mining Capital's Alastair Ford discusses the continued strength of gold and the health of the US economy.

He also touches on the wider context - using Black Iron Inc (TSE:BKI) as an example.

''Black Iron's an interesting case and point ... if you put aside the media reports and the geopolitical fears, the economic situation is relatively healthy and the Iron Ore price has been shooting back up from lows it hit last year'', Ford says.

''Black Iron has a very useful project in Ukraine that actually was only de-railed by Russian President Putin's invasion of Ukraine''.

Quick facts: Black Iron Inc

Price: 0.075 CAD

TSX:BKI
Market: TSX
Market Cap: $13.97 m
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Black Iron Inc hails recent breakthroughs for Shymanivske development

Matt Simpson, chief executive of Black Iron Inc (TSE:BKI), caught up with Proactive's Andrew Scott to discuss two recent milestones for the company - the receipt of a land lease proposal from the government as well as 'strong interest' from a number of several steel mills and trading houses...

on 17/9/18

2 min read